1263 N Phillips, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
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Banning, California 92220
This Single Family Residence is a Prime Investment Opportunity, listed at $375,000—positioned well below the $389,591 Fair Market Value by 3%. This valuation gap offers $14,591 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern kitchen and bathroom updates, while the large lot provides a blank canvas for personalization. With Scenic Mountain Views and a strategic location near regional attractions, this property is ideal for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1263 N Phillips Subject | $375,000* List Price | 3 | 2 | 1,250 | $312 | - |
A 1294 N Blanchard Sold | $429,900 | 3 | 2 | 1,400 | $307 | 0.0 mi |
B 1308 N Phillips Sold | $336,000 | 3 | 1 | 924 | $364 | 0.0 mi |
C 231 N Allen Sold | $367,000 | 3 | 1 | 1,040 | $353 | 0.7 mi |
D 1276 N Alessandro Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.5 mi |
E 957 E George Street Sold | $475,000 | 4 | 3 | 1,734 | $274 | 0.4 mi |
F 755 N Allen Active | $420,000 List Price | 3 | 2 | 1,328 | $316 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property features a renovation likely completed within the last 10-15 years. The kitchen and bathrooms are updated with modern dark wood cabinetry, stainless steel appliances, and contemporary tiling, making it well-maintained and move-in ready.
The property features a large backyard that offers a blank canvas for landscaping, gardening, or creating a personalized outdoor entertainment area.
The home boasts beautiful mountain views, providing a serene backdrop and enhancing the overall aesthetic appeal of the residence.
Ideally situated as a starter home, it is located just 20 minutes from major regional attractions including Morongo Casino and the Cabazon Outlets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1250, other record living area = 1122.
Built in 1960, the property may require updates to its original systems or cosmetic renovations to meet modern living standards.
The current list price is slightly lower than the 2023 sale price of $380,000, which may indicate a cooling local market or a need for a more competitive entry point.
Large backyard space ready for your personalizations. Great Starter home, located about 20 minutes south of Morongo Casino & Cabazon Outlets!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,250 | 1,574 |
| Lot Size | 6,534 | 5,523 |
| Price | $375.0K | $437.6K |
| Price per sq ft | $300 | $260 |
| Built year | 1960 | 2001 |
| HOA | $0 | $220 |
| Days on market | 62 | 79 |
May 21, 2026
$375,000
Initial Listing
Aug 16, 2023
$380,000
Public Record
Jan 6, 2015
$125,000
Public Record
Aug 2, 2007
$215,000
Public Record
Aug 18, 2006
$310,000
Public Record
Jan 4, 2005
$198,000
Public Record
Oct 30, 1998
$62,000
Public Record